IQ Option Pakistan Review
IQ Option Pakistan – Preferred Binary Options Broker in Pakistan
- IQ Option Pakistan is among the top brokers since 2013
- Award-winning trading platform with Binary Options, Forex, CFDs trading
- Built-in indicators and graphical tools for analysis
- Trading tournaments with real prize money
- Free Demo Account with $10,000 balance – Learn without any risk
- Highest payout in the industry, up to 92%*
IQ Option Pakistan Review 2020
IQ Option Pakistan is one of the best Binary Options Broker you can trust for Binary Options, Forex, and CFD trading in Pakistan. It complies with the strict professional and ethical standards imposed upon by EU regulators, which means that IQ Option is under constant scrutiny and review by the regulators. Although it is not regulated in other countries except the EU and UK, the traders’ trust IQ Option for trading Options, Forex, and CFDs.
IQ Option trading platform is unique and advanced compared to the whole industry. The trading platform has several advanced features like the multi-chart layout, integrated technical analysis, and indicators. All professional analysis tools and indicators are accessible while trading to help you make the right decision. As a trader with IQ Option Pakistan, you get complete support and access to trading tools like volatility alerts, market updates, calendars, stock screeners, and newsletters. You can trade Forex, CFD, Binary Options, and Cryptocurrency under one single account.
RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK
* Amount payable on a successful trade.
How to deposit money in IQ Option account in Pakistan?
The process of money deposit in IQ Option account and money withdrawals from IQ Option account are quite easy and simple. They accept VISA, MASTERCARD, SKRILL, PERFECT MONEY, and NETELLER for traders from Pakistan. The fund withdrawal to Visa and Mastercard are processed instantaneously for a verified account. These all features of IQ Option gives Forex traders in Pakistan, a reason to prefer them over other brokers.
Alternate money deposit methods for IQ Option account in Pakistan
Recently some traders have faced problems with fund deposits from credit and debit cards in Pakistan. This happens because of certain restrictions from the card-issuing banks for international transactions. But you can overcome this with a AdvCash or WebMoney account. You can first deposit your funds into your AdvCash wallet. Then, you can deposit funds into your IQ Option account from WebMoney or AdvCash wallet. Similarly, you can withdraw funds into your Advcash or WebMoney wallet, and transfer the same into your bank account. All the transactions with AdvCash and WebMoney involve a small fee.
Similarly, you can also use the PerfectMoney account to deposit into your IQ Option Account in Pakistan and start trading Binary Options in Pakistan. The traders who wish to use Bitcoin to deposit money into the IQ Option account can also do so.
IQ Option Withdrawal in Pakistan
IQ Option offers 3 free money withdrawals per month. The withdrawals made by the traders are processed almost instantly if these are the first three free fund withdrawals. I have personally received fund withdrawals to my WebMoney wallet within a few seconds of requesting the withdrawal. The withdrawal to the Credit Card also gets processed instantly but takes 3 to 5 days to reach my account.
The majority of the traders don’t face any issue in IQ Option withdrawal in Pakistan. However, a few traders face some issues. It is because of the account verification. The trader must verify his account by providing Identity and Address proof documents. This is an international regulatory requirement to avoid financial fraud.
Fund withdrawal to Credit or Debit Cards are available if the deposit of funds were made from the same card. The withdrawals to the card cannot exceed the deposited amount. Any additional amount beyond deposited money can be withdrawn using other methods like Bitcoin, WebMoney, and AdvCash.
The IQ Option traders in Pakistan need not worry about IQ Option withdrawal in Pakistan if they have successfully verified their accounts.
Is IQ Option legal in Pakistan?
Yes, Binary Options trading and Forex trading with IQ Option is legal in Pakistan. You can trade with IQ Option without any hassle. However, you have to know your tax liabilities towards the income from Financial trading. Keep an eye on the developments in the financial sector to keep updated with the new rules.
Binary Options trading is legal in most of the countries, including Pakistan. However, few countries don’t legalize Binary Options trading. But in Pakistan, it is legal to trade Forex and Binary Options. IQ Option accepts traders from Pakistan, and fund deposits from Pakistan issued credit or debit cards. You may use e-wallets for deposit funds into your account too. You may consult a financial adviser for more details on legal issues involved.
However, you have to know your tax liabilities towards the income from Financial trading.
Shall I make a profit while trading with IQ Option Pakistan?
It is interesting that everyone trading Binary Options or Forex wants to make money. However, only a few traders end up making a profit while trading Binary Options. You may notice that some of the trustworthy brokers mention that “80% of retail investors lose money while trading with this broker”. So, you have to be better than 80% of the traders with your trading skill and risk management to make a profit. However, it is different for traders from Pakistan as many Pakistan Binary Options traders trade responsibly and good at market analysis. So the key to success is, using proper Money Management, Risk management, and adequate market analysis become successful.
IQ Option Review Pakistan – Pros and Cons.
- Robust and feature-rich trading platform accessible on PC, MAC and Mobile devices of your choice.
- Fast deposit and withdrawal processing.
- It Complies with multiple regulators in Europe.
- A minimum deposit of just $10.
- Free demo trading account.
- Excellent support and personal account manager.
IQ Option Pakistan is one of the most trusted Binary Options brokers for Binary Options trading in Pakistan. You can trade Forex, CFD, Binary Options and Cryptocurrency trading in one single account. You may also check out the other Binary Options Brokers in Pakistan reviewed on this website.